Articles Tagged 'Labor Department'
U.S. Jobless Claims Plunge to Lowest Weekly Tally Since 1973
U.S. filings for unemployment benefits plummeted to the lowest level in almost 45 years in a sign the job market will tighten further in 2018,…READ MORE
November nonfarm payrolls rise 228,000 vs. 200,000 est.
Nonfarm payrolls rose by 228,000 in November while the unemployment rate held steady at 4.1 percent as the U.S. economy continues to hum along, the…READ MORE
Obama to nominate embattled Tom Perez for Labor secretary
President Obama on Monday will nominate Tom Perez to be the next Labor Department secretary, a White House official confirmed late Sunday â€” setting up yet another contentious confirmation battle in the Senate.
Mr. Obamaâ€™s pick comes less than a week after a scathing audit of the Justice Department’s Civil Rights Division, which Mr. Perez runs as an assistant attorney…READ MORE
Jobless rate drops to 7.8 percent; economy adds 114,000 jobs
By Vicki Needham – The Hill
The unemployment rate dipped below 8 percent in September, to 7.8 percent, shaking up estimations of the presidential race and providing welcome news for President Obama just a month before Election Day.
The economy added only 114,00 jobs, yet the unemployment rate still dropped from 8.1 percent to 7.8.
Total employment rose by…READ MORE
368K drop out of market; Unemployment falls to 8.1 percent; jobs up 96K
By Patrice Hill-The Washington Times
The unemployment rate last month fell to 8.1 percent from 8.3 percent as 96,000 more people found jobs and 368,000…READ MORE
U.S. weekly jobless claims climb 8,000 to 362,000
By Jeffry Bartash, MarketWatch
WASHINGTON – Jobless claims in the U.S. rose to the highest level in five weeks, climbing by 8,000 to a seasonally…READ MORE